Dean Witter was able to provide for his siblings and cousins with business that he built. He had three children, and it was last born son, Bill Witter (William D. Witter), who would do the same for his siblings and other family members.
Bill Witter moved to New York to start his own firm William D. Witter, Inc. and bought a seat on the New York Stock Exchange. In 1977 Bill Witter forayed into Small Cap investing. This asset category was still undiscovered by the masses and like Dean Witter, Bill sought to fill a void. Bill Witter saw the profit upside of investing in companies that were unloved and were essentially as inaccessible as private equity investments at the time. With that risk, Bill Witter made outsized returns for the family members, friends and clients who invested with him.
Sherry Pryor Witter, like Bill Witter and Dean Witter before her, continues to multiply and enhance the family’s wealth. Sherry Pryor Witter and Michael D. Witter have been partners in business and married for nearly two decades. They recently welcomed their son Augustus Dean Witter, the last born great grandson of Dean Witter.
Michael D. Witter, the son of Bill Witter, grandson of Dean Witter is carrying on the tradition of philanthropy. An important part of the Witter Family philosophy is to continue the task of philanthropy focused in the areas of Dean Witter’s legacy. The Witter family continues this tradition today across various charitable organizations with a focus on military, education and wildlife conservation. Michael Witter is especially devoted to the military causes with a focus on veteran rehabilitation, preservation of American history, and the fostering of relations between allied forces. He also supports educational causes which provide both undergraduate and continuing education scholarships. Like his grandfather, Michael is also a vigilant wildlife conservationist and is tireless in his efforts to raise awareness through protecting habitat and preservation of wetlands and endangered species.